Visa Credit users can continue to buy on Amazon with Curve

Curve has said that its platform will allow Visa Credit card holders to continue spending on Amazon.

The financial app combines debit, credit, and loyalty cards into one.

In November, Amazon announced that it would no longer accept Visa credit cards as a form of payment on its e-commerce platform in the UK.

Amazon will stop accepting Visa credit card transactions from Wednesday 19th January. The online giant said that the move was due to Visa’s “high costs.”

The news comes as the UK payments regulator questions the validity of increased fees from card issuers, including Visa and Mastercard.

This week the authority said that it has not seen any evidence that the costs of operating payments services have increased for card issuers to warrant recent hikes to fees.

“We’re proud to enable customers to continue paying with their Visa Credit cards after the changes come in on Wednesday,” said Shachar Bialick, founder and chief executive, Curve. “Amazon’s decision to stop accepting payments using UK-issued Visa credit cards will harm a huge number of customers. Consumers without a Financial super-app are losing choice and flexibility when it comes to their finances.

"Curve is the only solution in the UK that can offset this decision by Amazon. Users will still be able to use their Visa Credit via Curve to shop at Amazon while continuing to earn their Bank's rewards.”

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